Provinces to roll out Wheat Release Policy soon

Published
2
To ensure that wheat flour does not flow out to Afghanistan, cross-border movement at the points of exit should be monitored, the ECC stressed. — Reuters/File
To ensure that wheat flour does not flow out to Afghanistan, cross-border movement at the points of exit should be monitored, the ECC stressed. — Reuters/File

ISLAMABAD: The Sindh and Punjab governments will roll out their Wheat Release Policy in line with the Eco­n­omic Coordination Commit­tee (ECC) of the Cabinet’s de­­­­­­­cision to ensure availability of wheat and flour at reasonable prices across the country.

At a meeting chaired by Ministry of National Food Security and Research (MNFSR) Secretary Omar Hamid Khan on Monday, the Punjab Food Department said the provincial government will vet its policy by Tuesday. The Sindh Food Department said the province will unveil the policy in next 10 days.

For Khyber Pakhtunkhwa and Balochistan, the ECC had decided that Pakistan Agriculture Storage and Ser­vices Corporation (Passco) will assess their immediate requirements, and arrange to improve supply of wheat as per agreed targets.

The ECC has asked Punjab to release 900,000 tonnes of wheat to mills in the province during next two months at a release price as proposed by the provincial government in order to prevent surge in prices of the commodity and flour.

The Wheat Monitoring Com­­­­­mittee under the MNFSR has so far issued import permit to seventy imp­­orters for a quantity of 355,950 tonnes to be brought into the country. Provinces were also directed to ensure free movement of wheat across the inter-provincial borders.

The ECC has already deci­ded that movement of wheat will be facilitated between Punjab, Khyber Pakhtun­khwa and Balochistan. To ensure that wheat flour does not flow out to Afghanistan, cross-border movement at the points of exit should be monitored, it was stressed.

The import of wheat by the private sector, by obliterating duties and taxes was also discussed during the meeting.

In acquiescence of the ECC decision, Passco and KP government have signed an agreement for releasing 100,000 tonnes of wheat from the former’s stock to the province.

Published in Dawn, June 30th, 2020

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Fixing bond markets
Updated 01 Oct, 2026

Fixing bond markets

Pension funds, insurance companies, mutual funds, retail investors, and eventually, foreign investors must become bigger participants in the market.
Call centre rackets
01 Oct, 2026

Call centre rackets

A NUMBER of recent raids conducted by the authorities in different cities point to the growing threat fraudulent ...
Homeward bound
01 Oct, 2026

Homeward bound

FIVE months after Somali pirates captured an oil tanker carrying a 19-member multinational crew, Somali maritime...
Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...